PNI News - Press Network of India

CAPE TOWN, South Africa --&nbspBenoît Faraco, Ambassador for Climate Negotiations, Decarbonized Energy and Climate Risk Prevention at the French Ministry for Europe and Foreign Affairs, will participate in African Energy Week (AEW) 2026, scheduled for October 12–16 in Cape Town. Faraco is expected to engage African policymakers, investors and industry leaders on France’s evolving approach to climate diplomacy and its energy investment strategy across the continent. His participation comes at a time when African…

The Supervisory Board of Covestro has unanimously decided to appoint Klaus Fröhlich as the new Chief Financial Officer (CFO). The 53-year-old will assume the role from Christian Baier effective October 1, 2026. Christian Baier will leave the company on September 30, 2026. At the same time, Klaus Fröhlich will become a member of the Board of Management of Covestro AG. Rainer Seele, Chairman of the Supervisory Board of Covestro, said: "Klaus Fröhlich is a proven financial expert with many years of experience in…

Kochi: Federal Bank has integrated its Digital Platforms with Employees' Provident Fund Organisation. With this new facility, Federal Bank customers can conveniently and securely make EPFO payments through the Bank’s Net Banking platform, ensuring a seamless and hassle-free experience. The facility was launched at a special ceremony held in New Delhi. Amongst the attendees were Brij Mohan Singh - Regional P. F Commissioner – I (Banking), Ajay Krishna Paliwal - Regional P. F Commissioner – II (Banking) and Kapil Anand –…

Bangalore : Axis Bank, one of the largest private sector banks in India, today announced the launch of a unified suite of AI-powered compliance transformation solutions for its Current Account customers, marking a significant step forward in simplifying traditionally complex and time-consuming regulatory processes for businesses. The new offerings include an AI-powered ReKYC solution and an AI-driven Digital Business Profile Update Service, both designed to deliver faster, more accurate, and fully digitally compliant…

New Delhi : Servotech Renewable Power System Ltd. (NSE: SERVOTECH), an NSE-listed renewable energy and EV charging solutions company, has secured a 1415 kW solar rooftop project order from the Vijayawada Division (BZA) of the South Central Railway (SCR), strengthening its growing engagement with Indian Railways and public infrastructure renewable energy projects. Under the scope of the project, Servotech Renewable will be responsible for the design, engineering, supply, installation, testing, and commissioning of…

Delhi : Gateway Distriparks Limited (GDL), a leading multimodal logistics company in India, announced its financial results for the quarter ended 31st March 2026. Total Throughput (TEUs)Q4 FY 26Q4 FY 25QOQGrowthYTD FY 26YTD FY 25YOYGrowthRail Vertical96,77692,8704.21%3,93,8723,60,0849.38%CFS Vertical91,40391,648-0.27%3,70,1933,64,6451.52%Total Throughput1,88,1791,84,5181.98%7,64,0657,24,7295.43% Particulars (Rs. Crs)Q4 FY 26Q4 FY 25QOQGrowthYTD FY 26YTD FY 25YOYGrowthTotal…

Bangalore: InCred Holdings Limited, primarily operating through its material subsidiary InCred Financial Services Limited (‘InCred Finance’), which is recognized as India’s fastest-growing diversified NBFC in terms of PAT CAGR and the second fastest in AUM CAGR between FY23 and FY25 (Source: CRISIL), has filed its Updated Draft Red Herring Prospectus - I (UDRHP - I) with market regulator Securities and Exchange Board of India (SEBI). InCred Holdings Limited generates almost its entire revenue and conducts its business…